Bhubaneswar: Government land upto 3 acres would be given free of cost to Software Technology Park of India (STPI) to set up its Centres in the State.
This has been decided at the State Cabinet meeting, held under the chairmanship of chief minister Naveen Patnaik, here on Friday.
The land will be given on lease on free of premium and free of incidental charges for establishment of STPI Centres anywhere in the State, said the chief secretary Asit Tripathy while briefing about the cabinet decisions.
Tripathy clarified, ” However, the STPI authorities shall be liable to pay annual ground rent at the rate of 1% of the market value of the land and cess at the rate of 75% of the ground rent so calculated for such allotment of government land.
